By Hamish Banks, Vice President Public Affairs & Communications — Eurasia and Africa, The Coca-Cola Company
In my article, I review the role of a global commercial organization, The Coca-Cola Company, in contributing to national stability in developing markets through a strategic approach to social and economic contribution.
The company’s initiatives complement the role of policymakers, who are primarily responsible for the safety and prosperity of citizens, often using the Golden Triangle model that aligns government, civil society, and the private sector.
I draw examples from the empowerment of women and youth; leverage of specialist expertise in water replenishment and in distribution and logistics; the impact of global standards of compliance; and the creation of high-value jobs throughout the expansive value chain.
The Coca-Cola system is global in scale but multi-local in its operations, leveraging universal human traits with high relevance in individual markets.
This article is published as part of the Business and Peace Challenge, led by Indiana University and Business Fights Poverty. To find out more about the Business and Peace Challenge, and to join, click here.
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